Ilya Sutskever’s AI startup eyes $20 billion valuation after quadrupling in months | CTech

Ilya Sutskever’s AI startup eyes  billion valuation after quadrupling in months | CTech

The secretive artificial intelligence startup founded by Ilya Sutskever, a former Israeli and one of OpenAI’s co-founders, is in talks to raise capital at a $20 billion valuation. This staggering valuation, reminiscent of 2021’s peak investment frenzy, is remarkable given how little is known about the company so far—except that it has two locations: one in Silicon Valley and another in Tel Aviv.

Sutskever, who served as OpenAI’s chief scientist and played a key role in its…

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